countries must borrow money to pay for their imports. -- A+
countries must borrow money to pay for their imports. -- A+
More cash is leaving the country than is coming into the country is the primary problem with trade deficit. The trade deficit can have an impact on employment and incomes.
trade deficit
C- the trade deficit which is exactly exports-imports
trade deficit occurs when? trade deficit occurs when?
deficit
Trade deficit
The USA has a trade deficit.
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
Germany currently has a trade surplus. COOL HUH !
The price of foreign oil was raised by OPEC.
visible trade deficit occurs when import expenditure exceeds the export revenue.